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Direxion Daily S&P 500 Bear 1X ETF
SPDN

39 hedge funds and large institutions have $79.8M invested in Direxion Daily S&P 500 Bear 1X ETF in 2024 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.93% more ownership

Funds ownership: 44.62% → 50.56% (+5.9%)

1% more capital invested

Capital invested by funds: $78.7M → $79.8M (+$1.04M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

3% less funds holding

Funds holding: 40 → 39 (-1)

36% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 14

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $7K

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
0.56%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
10
Increased
9
Reduced
14
Closed
10
Calls
–
Puts
$7K
Net Calls
-$7K
Net Calls Change
+$243K

Top Buyers

1
OPOWM
One Plus One Wealth Management
Florida
+$9.66M
2
SKK
Shepherd Kaplan Krochuk
Massachusetts
+$2.42M
3
Citadel Advisors
Citadel Advisors
Florida
+$1.68M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$993K
5
CL
Choreo LLC
Illinois
+$394K

Top Sellers

1
ASN
Advisory Services Network
Georgia
-$2.32M
2
HF
HRT Financial
New York
-$2.26M
3
Jane Street
Jane Street
New York
-$1.58M
4
JP Morgan Chase
JP Morgan Chase
New York
-$1.27M
5
VF
Virtu Financial
New York
-$1.13M
Name Holding Trade Value Shares
Change 		Change in
Stake
GGS
26
Galvin Gaustad & Stein
Arizona
$160K – – –
LFAS
27
Level Four Advisory Services
Texas
$143K +$149K +12,151 New
VCP
28
Verus Capital Partners
Arizona
$130K -$22K -1,789 -14%
AFP
29
Ausdal Financial Partners
Iowa
$125K -$2.59K -211 -2%
SIS
30
Strategic Investment Solutions
Illinois
$82.7K +$86.9K +7,065 New
HT
31
Headlands Technologies
Illinois
$82.2K -$24.8K -2,014 -22%
OP
32
ORG Partners
Indiana
$75.4K +$78.9K +6,419 New
EC
33
EdgeRock Capital
Colorado
$42.4K +$44.3K +3,606 New
UBS Group
34
UBS Group
Switzerland
$41K +$42.8K +3,482 New
Osaic Holdings
35
Osaic Holdings
Arizona
$28.3K +$22.3K +1,811 +331%
SWM
36
Spire Wealth Management
Virginia
$13.1K – – –
Qube Research & Technologies (QRT)
37
Qube Research & Technologies (QRT)
United Kingdom
$5.71K -$69.4K -5,642 -92%
AWM
38
AllSquare Wealth Management
New York
$1.18K – – –
Morgan Stanley
39
Morgan Stanley
New York
$25 +$12 +1 +100%
CPA
40
Clear Point Advisors
New York
$5 – – –
Wells Fargo
41
Wells Fargo
California
$4 -$25.2K -2,051 Closed
JP Morgan Chase
42
JP Morgan Chase
New York
– -$1.27M -104,193 Closed
TRCT
43
Tower Research Capital (TRC)
New York
– -$602K -49,446 Closed
IWC
44
Integrated Wealth Concepts
Massachusetts
– -$531K -43,645 Closed
NHFG
45
New Harbor Financial Group
Massachusetts
– -$520K -42,711 Closed
LPL Financial
46
LPL Financial
California
– -$350K -28,739 Closed
MWM
47
Moulton Wealth Management
Washington
– -$142K -11,698 Closed
NC
48
NovaPoint Capital
Georgia
– -$133K -10,926 Closed
Corient Private Wealth
49
Corient Private Wealth
Florida
– -$122K -10,000 Closed
TWC
50
TD Waterhouse Canada
Ontario, Canada
– -$6.13K -500 Closed
1
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SPDN Hedge Fund Activity: Q2 2024 in Review

39 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 Bear 1X ETF (SPDN) for Q2 2024, worth a combined $79.8M — up 1.3% from $78.7M a quarter earlier.

Fund positioning in SPDN was balanced in Q2 2024: 10 funds opened new positions, 10 closed out, 9 added to existing stakes and 14 trimmed.

The largest buyer was One Plus One Wealth Management, adding an estimated $9.66M. The largest seller was Advisory Services Network, cutting an estimated $2.32M.

  • 39 institutional investors held Direxion Daily S&P 500 Bear 1X ETF (SPDN) as of Q2 2024, down from 40 in Q1 2024.
  • Funds reported $79.8M of Direxion Daily S&P 500 Bear 1X ETF stock for Q2 2024, up 1.3% quarter-over-quarter.
  • 10 funds opened new Direxion Daily S&P 500 Bear 1X ETF positions in Q2 2024 and 10 closed out, a net change of 0 holders.
  • The largest Direxion Daily S&P 500 Bear 1X ETF buyer in Q2 2024 was One Plus One Wealth Management, an estimated $9.66M added.
  • The largest Direxion Daily S&P 500 Bear 1X ETF seller in Q2 2024 was Advisory Services Network, an estimated $2.32M sold.

Based on aggregated 13F filings for Q2 2024.